An anonymous director reports

TDB SPLIT CORP. ANNOUNCES CLASS A SHARE SPLIT AND INCREASED TOTAL DISTRIBUTIONS

TDb Split Corp. intends to complete a share split of its Class A shares due to the company's strong performance. The Class A shareholders of record at the close of business on July 24, 2026, will receive 15 additional Class A shares for every 100 Class A shares held, pursuant to the share split. The share split is subject to approval by the Toronto Stock Exchange.

Class A shareholders will continue to receive regular monthly cash distributions targeted to be five cents per Class A share following the share split, resulting in an increase in total distributions of approximately 15 per cent through the issuance of additional shares. Since inception, Class A shareholders have received cash distributions of $8.80 per share.

The Class A shares are expected to commence trading on an ex-split basis at the opening of trading on July 24, 2026. No fractional Class A shares will be issued, and the number of Class A shares each holder shall receive will be rounded down to the nearest whole number. The share split is a non-taxable event.

The impact of the share split is expected to be reflected in the net asset value per unit as at July 31, 2026.

The company invests in common shares of Toronto-Dominion Bank, a leading Canadian financial institution.

This news release constitutes a designated news release for the purposes of the company's prospectus supplement dated Jan. 21, 2026, to its short form base shelf prospectus dated Jan. 20, 2026.

We seek Safe Harbor.